The round, led by new investor Tiger Global, raised the San Francisco-based firm’s valuation to US$2 billion. Other participants in the round include existing backers Brookfield Technology Partners, 8VC, Activant, GLP and Coatue. Deliverr’s CEO said in a statement the funding will be used to speed up operations and expand the company’s next-day fulfillment services for e-commerce merchants. (The Logic)
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